In the past, there were all sorts of negotiating going on the end of the Draft and the start (sometimes deep into). Although there is still much to bargain over, the new CBA installed something similar to the Rookie Wage Scale in the NBA. Each of the up to 256 draft slots are given an allotment of the Total Rookie Compensation Pool.
The Player Contract for every drafted rookie is set at four years. All undrafted players will be signed to three-year terms (Art. 7 Sec 3, (a), 24). Continue reading